High Temperature Fiber Market - Forecast(2023 - 2028)

Report Code: CMR 63570 Report Format: PDF + Excel
High Temperature Fiber Market Overview

High Temperature Fiber Market size is forecast to reach $15 billion by 2025, after growing at a CAGR of 9% during 2020-2025. As the name itself suggests high temperature fiber can withstand with extreme temperature and possesses high strength. With increasing demand from optical cable industries for good durability and strength fibers is driving the growth of high temperature fiber market globally. Besides, the growing uses of high temperature fibers from thermal process, oil and gas, and geothermal industries is also driving the growth of this market during the forecast period. Whereas, in oil and gas and geothermal industries these fibers are used for the measurement of real-time down hole temperature and pressure, data transmission, acoustic, seismic and imaging applications. Moreover, rising concerns for the safety and security among people has also augmented the growth of high temperature fiber market.

Report Coverage

The report: “High Temperature Fiber Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the High Temperature Fiber Industry.

By Type: Aramid Fiber (Para-Aramid Fiber, Meta-Aramid Fiber), Ceramic Fiber (Refractory Ceramic Fiber (RCF), Low Bio-Persistence Ceramic Fiber and Others), Glass Fiber (R-Glass Fiber, E-Glass Fiber, Others), Carbon Fiber and Others
By Application: Aerospace and Defense (Tanks & Missiles, Fighter Jets & Aircrafts and Others), Automotive (Brake and Clutch Pads, Tire Cords, Others), Electrical & Electronics, Wind Power (Turbine Blades, Gear housing, others) and others
By Geography: North America, South America, Europe, APAC, and RoW

Key Takeaways

  • The U.S has shown significant growth in high temperature fiber market due to its rapid expansion in aerospace and defense industries. 
  • The outbreak of COVID-19 and trade war between China and the U.S has greatly affected the market growth.
  • Growing demand in security and protection application and increasing uses as a potential substitute product for steel and asbestos across various end-use industry is driving the market growth.
  • Degradability of high temperature fibers is a major concern and acts as a restraint for the growth of market.

Type- Segment Analysis

The ceramic fibers segment is projected to grow at a substantial rate with a CAGR of 9% during the forecast period due to growing uses of glass fibers from the automotive and aviation sector. Furthermore, ceramic fibers are mainly employed in high temperature applications instead of metals because of their high thermal tolerance and resistance to corrosion. Ceramic fibers are made from precursor fibers or very thin tungsten core wire that provide them high strength and modulus properties in both tension and compression applications, giving them an edge over other high temperature fibers for wide industrial applications.

Application - Segment Analysis

Based on the application aerospace and defense segment holds the largest share of more than 30% of high temperature fiber market in 2019. High temperature fibers are used in aerospace industries for manufacturing turbine combustors, compressors, and exhaust nozzles whereas they are used for making ballistic missiles and tanks in the defense sector. The rise in security concerns and the need of people for better transportation has escalated the uses of temperature resistance fibers in the aircraft that further boosting the growth of high temperature fiber market. For instance, according to Boeing, air cargo traffic grew 10.1% in 2017 and is expected to more than double in the next 20 years. Thus, increase in the production of aircraft will fuel the growth of high temperature fiber market industry.
Whereas, the coronavirus pandemic has badly impacted the aerospace industries. Due to the lockdown, industries are being shuttered all around the world. People stuck in their houses resulting in major problems for aviation industries. All flights are suspended, and manufacturers are facing huge losses. According to International Air Transport Association (IATA), airlines can lose in passenger revenues of up to $113Bn globally due to the COVID-19 crisis. Huge losses in airlines have resulted decrease in aircrafts production, substantially hampering the growth of high temperature fiber. 

Geography- Segment Analysis

APAC dominated the high temperature fiber market with a share of more than 35%, followed by North America and Europe. Increase in aeronautical activities coupled with rapid industrialization has driven the growth of high temperature fiber market in APAC region. High temperature fiber market has shown significant growth in developing nations like China and India due to the expansion and strengthening of the defense sector. For instance, in 2018, Airbus has estimated that the world total demand for aircraft and freighters is over 37,000 in the next 20 years and China will need 7,400 new aircrafts from 2018 to 2037. Increase in aircrafts demand increases the use of high temperature fibers for making engine components. Additionally, high temperature fibers are also used in optical fiber cables (OFC) and the rapid expansion of the telecommunication sector in emerging economies is accelerating the growth of high temperature fiber market share over the forecast period.

Drivers –High Temperature Fiber Market

Exceptional properties of high temperature fiber

The rise in demand from various end-use industries for their ability to withstand extreme temperature, high abrasion, and solvent resistance is driving the growth of high temperature fiber market. They find applications in heat exchangers, gas turbines, hot gas filters, aircraft’s exhaust and linings of blast furnaces. For instance, according to the International Civil Aviation Organisation (ICAO), the “global air transport network” doubles in size at least once every 15 years, and that is expected to do so again by 2030. This growth in the air transport network propel the growth of this market during the forecast period. Whereas, increase in terrorist attacks and conflicts between nations has also raised the people's concern for safety, further accelerating the use of high temperature fibers in the defense sector for making ballistic missiles, tanks, and fighting aircraft.

Use of high temperature fiber in optical fiber cables

Optical fibers cables are insulated with high temperature fiber that provides better resistance to extreme temperature in addition to higher strength and durability. Use of optical fiber cables by telecom industries for transmitting information at a faster rate is contributing to the growth of high temperature fiber. Regular developments and introduction of 5G technology have boosted the use of optical cable, which in turn boosts the high temperature fiber market share during the forecast period. According to Global System for Mobile Communication Association (GSMA), 5G will account for as many as 1.2 billion connections globally by 2025 and China alone will have more than 600 million 5G subscribers in 2025.

High Performance Fibers Market Challenges

High Manufacturing Cost and non-degradability

Production of high temperature fibers is difficult and requires huge amount of resources which further increases their cost. Due to their high cost, they are only used in high quality products such as aircraft, turbine blades, automotive, and defense equipment’s for better efficiency. Additionally, high temperature fibers are non-degradable, and their disposal affects the environment to the greater extent which in turn inhibits the growth of market. Furthermore, trade war between two largest economies, China and the U.S have greatly impacted the market. The imposition of high taxes has brought many struggles for aircraft manufacturers to compete in the market, further hampering the growth of high temperature fiber market size. 

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the high temperature fiber market report. In 2019, the market of high temperature fiber top 10 players accounting for xx% of the share. Major players in the high temperature fiber market outlook are, E.I. Du Pont De Nemours & Company, Kamenny Vek, Kolon Industries Inc., Morgan Thermal Ceramic, Royal Tencate N.V., Teijin Limited, Toray Industries Inc., Toyobo Co., Ltd, Unifrax Corporation, Yantai Tayho Advanced Materials Co., Ltd., among others. 

Acquisitions/Technology Launches

  • In September 2019, Evonik has launched a polyimide fiber, P84HT. It has excellent thermal resistance properties and is used for high temperature filtration and as sealing material for space vehicles. 
  • In February 2019, Teijin has acquired Renegade Materials Corporation and expanded carbon fiber intermediate material business for aerospace applications.
  • In April 2018, Teijin expanded its carbon fiber operations in China and Taiwan with the establishment of Teijin Carbon Shanghai Co., Ltd. in Shanghai, China and Teijin Carbon Taiwan Inc. in Taipei, Taiwan.

1. High Temperature Fiber Market - Market Overview
    1.1 Definitions and Scope
2. High Temperature Fiber Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key Trends by Type
    2.3 Key Trends by Application
    2.4 Key Trends by Geography
3. High Temperature Fiber Market - Landscape
    3.1 Comparative analysis 
        3.1.1 Market Share Analysis- Top Companies
        3.1.2 Product Benchmarking- Top Companies
        3.1.3 Top 5 Financials Analysis
        3.1.4 Patent Analysis- Top Companies
        3.1.5 Pricing Analysis
4. High Temperature Fiber Market - Startup companies Scenario Premium (Premium) 
    4.1 Top startup company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Market Shares
        4.1.4 Market Size and Application Analysis
        4.1.5 Venture Capital and Funding Scenario
5. High Temperature Fiber Market– Industry Market Entry Scenario Premium (Premium) 
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case studies of successful ventures
    5.4 Customer Analysis - Top companies
6. High Temperature Fiber Market- Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Market Opportunities
    6.4 Porters five force model
        6.4.1 Bargaining power of suppliers
        6.4.2 Bargaining powers of customers
        6.4.3 Threat of new entrants
        6.4.4 Rivalry among existing players
        6.4.5 Threat of substitutes 
7. High Temperature Fiber Market -Strategic analysis
    7.1 Value chain analysis
    7.2 Opportunities analysis
    7.3 Market life cycle
    7.4 Suppliers and distributors Analysis
8. High Temperature Fiber Market – By Type (Market Size -$Million)
    8.1 Aramid Fiber
        8.1.1 Para-Aramid Fiber
        8.1.2 Meta-Aramid Fiber
    8.2 Ceramic Fiber
        8.2.1 Refractory Ceramic Fiber (RCF)
        8.2.2 Low Bio-Persistence Ceramic Fiber
        8.2.3 Others
    8.3 Glass Fiber
        8.3.1 R-Glass Fiber
        8.3.2 E-Glass Fiber
        8.3.3 Others
    8.4 Carbon Fiber
    8.5 Others
9. High Temperature Fiber Market – By Application (Market Size -$Million)
    9.1 Aerospace and Defense
        9.1.1 Tanks & Missiles
        9.1.2 Fighter Jets & Aircrafts
        9.1.3 Others
    9.2 Automotive
        9.2.1 Brake & Clutch Pads
        9.2.2 Tire Cords
        9.2.3 Others
    9.3 Wind Power
        9.3.1 Turbine Blades
        9.3.2 Gear Housing
        9.3.3 Others
    9.4 Electrical & Electronics
    9.5 Others 
10. High Temperature Fiber Market - By Geography (Market Size -$Million)
    10.1 North America
        10.1.1 U.S.
        10.1.2 Canada
        10.1.3 Mexico
    10.2 South America
        10.2.1 Brazil
        10.2.2 Argentina
        10.2.3 Colombia
        10.2.4 Chile
        10.2.5 Rest of South America
    10.3 Europe
        10.3.1 U.K
        10.3.2 Germany
        10.3.3 Italy
        10.3.4 France
        10.3.5 Russia
        10.3.6 Spain
        10.3.7 Netherland
        10.3.8 Belgium
        10.3.9 Rest of Europe
    10.4 Asia Pacific
        10.4.1 China
        10.4.2 India
        10.4.3 Japan
        10.4.4 South Korea
        10.4.5 Australia & New Zealand
        10.4.6 Rest of Asia Pacific
    10.5 RoW
        10.5.1 Middle East
            10.5.1.1 Saudi Arabia
            10.5.1.2 UAE
            10.5.1.3 Israel
            10.5.1.4 Rest of Middle East
        10.5.2 Africa
            10.5.2.1 South Africa
            10.5.2.2 Nigeria
            10.5.2.3 Rest of Africa
11. High Temperature Fiber Market- Entropy
    11.1 New Product Launches
    11.2 M&A’s, Collaborations, JVs and Partnerships
12. High Temperature Fiber Market Share Analysis (Premium)
    12.1 Market Share by Country- Top companies
    12.2 Market Share by Region- Top companies
    12.3 Market Share by type of Product / Product category- Top companies
    12.4 Market Share at global level- Top companies
    12.5 Best Practices for companies
13. High Temperature Fiber Market- List of Key Companies by Country (Premium) 
14. High Temperature Fiber Market Company Analysis
    14.1 Market Share, Company Revenue, Products, M&A, Developments
    14.2 Company 1
    14.3 Company 2
    14.4 Company 3
    14.5 Company 4
    14.6 Company 5
    14.7 Company 6
    14.8 Company 7
    14.9 Company 8
    14.10 Company 9
    14.11 Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"

LIST OF TABLES

1.Global High Temperature Fibers Market By Fiber Type Market 2019-2024 ($M)
1.1 Aramid Market 2019-2024 ($M) - Global Industry Research
1.1.1 Para-Aramid Fibers Market 2019-2024 ($M)
1.1.2 Meta-Aramid Fibers Market 2019-2024 ($M)
1.2 Ceramic Market 2019-2024 ($M) - Global Industry Research
1.2.1 Refractory Ceramic Fiber Market 2019-2024 ($M)
1.2.2 Low Bio-Persistence Ceramic Fiber Market 2019-2024 ($M)
2.Global High Temperature Fibers Market By Fiber Type Market 2019-2024 (Volume/Units)
2.1 Aramid Market 2019-2024 (Volume/Units) - Global Industry Research
2.1.1 Para-Aramid Fibers Market 2019-2024 (Volume/Units)
2.1.2 Meta-Aramid Fibers Market 2019-2024 (Volume/Units)
2.2 Ceramic Market 2019-2024 (Volume/Units) - Global Industry Research
2.2.1 Refractory Ceramic Fiber Market 2019-2024 (Volume/Units)
2.2.2 Low Bio-Persistence Ceramic Fiber Market 2019-2024 (Volume/Units)
3.North America High Temperature Fibers Market By Fiber Type Market 2019-2024 ($M)
3.1 Aramid Market 2019-2024 ($M) - Regional Industry Research
3.1.1 Para-Aramid Fibers Market 2019-2024 ($M)
3.1.2 Meta-Aramid Fibers Market 2019-2024 ($M)
3.2 Ceramic Market 2019-2024 ($M) - Regional Industry Research
3.2.1 Refractory Ceramic Fiber Market 2019-2024 ($M)
3.2.2 Low Bio-Persistence Ceramic Fiber Market 2019-2024 ($M)
4.South America High Temperature Fibers Market By Fiber Type Market 2019-2024 ($M)
4.1 Aramid Market 2019-2024 ($M) - Regional Industry Research
4.1.1 Para-Aramid Fibers Market 2019-2024 ($M)
4.1.2 Meta-Aramid Fibers Market 2019-2024 ($M)
4.2 Ceramic Market 2019-2024 ($M) - Regional Industry Research
4.2.1 Refractory Ceramic Fiber Market 2019-2024 ($M)
4.2.2 Low Bio-Persistence Ceramic Fiber Market 2019-2024 ($M)
5.Europe High Temperature Fibers Market By Fiber Type Market 2019-2024 ($M)
5.1 Aramid Market 2019-2024 ($M) - Regional Industry Research
5.1.1 Para-Aramid Fibers Market 2019-2024 ($M)
5.1.2 Meta-Aramid Fibers Market 2019-2024 ($M)
5.2 Ceramic Market 2019-2024 ($M) - Regional Industry Research
5.2.1 Refractory Ceramic Fiber Market 2019-2024 ($M)
5.2.2 Low Bio-Persistence Ceramic Fiber Market 2019-2024 ($M)
6.APAC High Temperature Fibers Market By Fiber Type Market 2019-2024 ($M)
6.1 Aramid Market 2019-2024 ($M) - Regional Industry Research
6.1.1 Para-Aramid Fibers Market 2019-2024 ($M)
6.1.2 Meta-Aramid Fibers Market 2019-2024 ($M)
6.2 Ceramic Market 2019-2024 ($M) - Regional Industry Research
6.2.1 Refractory Ceramic Fiber Market 2019-2024 ($M)
6.2.2 Low Bio-Persistence Ceramic Fiber Market 2019-2024 ($M)
7.MENA High Temperature Fibers Market By Fiber Type Market 2019-2024 ($M)
7.1 Aramid Market 2019-2024 ($M) - Regional Industry Research
7.1.1 Para-Aramid Fibers Market 2019-2024 ($M)
7.1.2 Meta-Aramid Fibers Market 2019-2024 ($M)
7.2 Ceramic Market 2019-2024 ($M) - Regional Industry Research
7.2.1 Refractory Ceramic Fiber Market 2019-2024 ($M)
7.2.2 Low Bio-Persistence Ceramic Fiber Market 2019-2024 ($M)

LIST OF FIGURES

1.US High Temperature Fiber Market Revenue, 2019-2024 ($M)
2.Canada High Temperature Fiber Market Revenue, 2019-2024 ($M)
3.Mexico High Temperature Fiber Market Revenue, 2019-2024 ($M)
4.Brazil High Temperature Fiber Market Revenue, 2019-2024 ($M)
5.Argentina High Temperature Fiber Market Revenue, 2019-2024 ($M)
6.Peru High Temperature Fiber Market Revenue, 2019-2024 ($M)
7.Colombia High Temperature Fiber Market Revenue, 2019-2024 ($M)
8.Chile High Temperature Fiber Market Revenue, 2019-2024 ($M)
9.Rest of South America High Temperature Fiber Market Revenue, 2019-2024 ($M)
10.UK High Temperature Fiber Market Revenue, 2019-2024 ($M)
11.Germany High Temperature Fiber Market Revenue, 2019-2024 ($M)
12.France High Temperature Fiber Market Revenue, 2019-2024 ($M)
13.Italy High Temperature Fiber Market Revenue, 2019-2024 ($M)
14.Spain High Temperature Fiber Market Revenue, 2019-2024 ($M)
15.Rest of Europe High Temperature Fiber Market Revenue, 2019-2024 ($M)
16.China High Temperature Fiber Market Revenue, 2019-2024 ($M)
17.India High Temperature Fiber Market Revenue, 2019-2024 ($M)
18.Japan High Temperature Fiber Market Revenue, 2019-2024 ($M)
19.South Korea High Temperature Fiber Market Revenue, 2019-2024 ($M)
20.South Africa High Temperature Fiber Market Revenue, 2019-2024 ($M)
21.North America High Temperature Fiber By Application
22.South America High Temperature Fiber By Application
23.Europe High Temperature Fiber By Application
24.APAC High Temperature Fiber By Application
25.MENA High Temperature Fiber By Application
26.E. I. Du Pont De Nemours & Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Teijin Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Toray Industries Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Royal Tencate N.V., Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Morgan Thermal Ceramic, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Kolon Industries Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Unifrax Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Kamenny Vek, Sales /Revenue, 2015-2018 ($Mn/$Bn)